Wall Street
Higher Fares Help Southwest Airlines’ Profit
Higher fares helped Southwest Airlines make more money than Wall Street expected in the first quarter, but the company said that automatic federal spending cuts could hurt revenue in April.
JC Penney Posts 4th Straight Loss, Sales Drop
The mid-priced department store chain reported another much larger-than-expected loss in the fiscal fourth quarter on a nearly 30 percent plunge in revenue in the latest sign shoppers aren’t happy with the changes it’s made in the past year.
Budget Deal Sends Stocks Shooting Higher
Stocks are moving sharply higher on Wall Street after lawmakers reached a last-minute budget agreement to avert sweeping tax increases and cuts to government spending programs.
JC Penney Starts Holiday Shopping Season Strong
JC Penney took a different approach to Black Friday than other major retailers like Target, Wal-Mart and Toys ‘R’ Us, which opened Thanksgiving evening.
Fossil Shares Fall After Revenue Comes In Light
Watch and fashion accessories maker Fossil Inc. has reported third-quarter revenue that fell short of Wall Street expectations.
Opinion: Upon Further Review: Mitt Romney May Have Cheated To Win The Debate
There was a moment in the debate that will be discussed in the days ahead that everyone missed until yesterday. A review of the debate tape reveals that, apparently, Mitt Romney needed a cheat sheet to keep the lies straight.
Opinion: If Republicans Can’t Run A Campaign How Can They Run A Government?
It is clear that Democrats have shown a greater propensity to spend money wisely with their campaigns and allied groups. At the end of the day, that is what America needs.
Opinion: Republicans Are Abandoning Romney’s Sinking Ship
Romney is dragging his own campaign and every Republican down. Republican operatives and House and Senate candidates have conceded as much throughout the month of September.
Opinion: Occupy Wall Street’s First Anniversary
Occupy Wall Street made the world aware of Wall Street’s nearly-obscene inequities. But, unfortunately, that has been about it. How much has really changed because of the 12-month-old movement?
Opinion: Auto And Bank Bailouts Prove Effective
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
Pier 1 Imports Q2 Results Top Expectations
Pier 1 Imports has forecast its fiscal second-quarter adjusted earnings and revenue at levels above Wall Street’s expectations.
Facebook Hot In Silicon Valley, Not Wall Street
One closely watched stock, Facebook, fell again Tuesday to just over half its initial public offer price. After rising on Monday, the social network’s stock dipped 85 cents, closing at $19.16.
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